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10-Jul-2017 04:43

The early strategy for Trade Me involved simply increasing its user base and encouraging members to refer their friends to the site.

Trade Me launched the Safe Trader escrow service about this time.

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Within Deloitte, Morgan worked on Internet projects and supply-chain issues.The site initially used web banners, but falling prices for advertising made web-banner revenue insufficient to cover expenses.Trade Me then introduced fees for auction services: first for features such as bold titles; then in September 2000 it introduced "success fees".Anyway, there was nothing to do, so that night I started drawing a data model. Then when I came back to Wellington I literally sat on the couch and built the site on a laptop over a five- or six-week period." In its early stages Morgan humorously listed Trade Me for sale on e Bay with a

Within Deloitte, Morgan worked on Internet projects and supply-chain issues.

The site initially used web banners, but falling prices for advertising made web-banner revenue insufficient to cover expenses.

Trade Me then introduced fees for auction services: first for features such as bold titles; then in September 2000 it introduced "success fees".

Anyway, there was nothing to do, so that night I started drawing a data model. Then when I came back to Wellington I literally sat on the couch and built the site on a laptop over a five- or six-week period." In its early stages Morgan humorously listed Trade Me for sale on e Bay with a $1 million buy-now price.

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Within Deloitte, Morgan worked on Internet projects and supply-chain issues.The site initially used web banners, but falling prices for advertising made web-banner revenue insufficient to cover expenses.Trade Me then introduced fees for auction services: first for features such as bold titles; then in September 2000 it introduced "success fees".Anyway, there was nothing to do, so that night I started drawing a data model. Then when I came back to Wellington I literally sat on the couch and built the site on a laptop over a five- or six-week period." In its early stages Morgan humorously listed Trade Me for sale on e Bay with a $1 million buy-now price.

million buy-now price.

Though e Bay withdrew Morgan's auction, the prank sparked some interest among New Zealanders who realized the potential of online trading.

Trade Me is the largest Internet auction website operating in New Zealand.